A team of researchers from Stanford University has found a unique way to mine bitcoin that could have a massive impact on the perceptions of the cryptocurrency.
According to its website, Pi Network was designed in part to make the process of mining bitcoin significantly less energy-intensive.
Cryptocurrency mining is a controversial practice in part because it remains largely unregulated. It uses massive amounts of power that frequently comes from dirty energy sources such as gas and coal as well as massive amounts of water to help keep its server banks cool and functional.
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